What is the size of the global market for IT Asset Disposition?

The global IT asset disposition market is estimated to reach $31.8 billion by 2032, expanding at a CAGR of 7.4% from its current size of approximately $15.6 billion in 2022.

What are the primary growth drivers for the IT Asset Disposition Market?

The increasing awareness of environmental preservation, regulatory compliances, and the need to prevent data breaches, as well as e-waste and the expanding use of new technologies and the BYOD trends, are the primary factors driving the expansion of the IT Asset Disposition Market.

Who are the leading competitors in the IT Asset Disposition Market?

The leading players in the global IT Asset Disposition Market include Hewlett Packard Enterprise (HPE), Dell Technologies, IBM, Sims Limited, Iron Mountain, CompuCom, 3stepIT, TES, Apto Solutions, and LifeSpan International, among others.

What are the key challenges to the growth of the IT Asset Disposition Market?

The expansion of the IT Asset Disposition Market is hampered by limited awareness and expensive service costs. In addition, the lack of comprehensive IT asset liquidation regulations, unapproved standards, and unsustainable practises inhibit the market's expansion.